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20121121
20121129
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campaign style event with lots of talks about taxes but little mention of spending cuts and these where we begin this hour of "america live." welcome, everybody. i'm megyn kelly. moments ago the president gathering with a group of taxpayers to encourage americans to put pressure on congress to make a deal on raising taxes on the wealthy. but we heard no mention of congress dealing with our soaring debtor deficit spending, or where spending cuts of any type might come or how we are going to address the larger issue: we all know that tax hikes on the rich ain't going to get it down. progressive groups reportedly held a private meeting with senior obama administration white house officials. according to the "washington post" the groups were told not to worry about any entitlement reforms or big budget cuts. the so-called safety net programs according to them are not going to be touched and the progressive groups walked away feeling very happy. the report say the white house feels it does not need to compromise, period and is willing to let the big tax hike happen on everyb
tax rates for the wealthy in particular. that comes as top republicans in the senate draws a line in the sand saying political ideology cannot rule the negotiations. >> the only balanced approach is one that includes real and lasting reforms. so republicans have stepped out of our comfort zone, we've been clear about what we'll do and what we won't, and yet we remain at an impasse. leading us to why ask why? because a vocal minority on the hard left continues to argue from the leaders of their party from the president on down that democrats in washington should do absolutely nothing about short term, or long term spending problems. this is the thelmand louise crowd, the ones who dream about higher taxes and bigger government it will pay for, regardless of the impact on jobs or the economy, or america's standing in the world. these are the ones who have recklessly ignored the fact that we can't keep running trillion dollar deficits every year and throw a tantrum if someone suggests that maybe the taxpayers shouldn't keep subsidizing ever last program washington ever dreamed up. the
democrats now say they would rather see a series of automatic tax hikes punish all americans rather than to agree to spending cuts or deals they don't like and they believe compromise their principles. this comes despite warnings from the congressional budget office that the tax hikes now about to take place could throw the economy back into recession. two million more americans could be left out of a job and most troubling of all according to the pentagon, the country's national security would be in serious jeopardy. if congress and the white house do not act. chris stirewalt is our fox news digital politics editor p.o.w. or play on foxnews.com. they cut the deal that put the automatic spending cuts in place and these automatic tax hikes in place thinking this will never happen. they went back, said all right, now that we have it in place let's try to fix it. well they failed. there wasn't the political will to deal with it at the time they passed. there wasn't the political will at the time they tried to deal with it and it was a complete political debach kill. now you have some people
passed two-and-a-half years ago, and it starts to unfold this january with new taxes. then insurance exchanges up and ready in october 2013. analysts, however, say the federal government is struggling in part because of the way the bill was thrown together. >> it was put together by a bunch of special interests, and that's why you get this rube goldberg contraption, we're having all these problems. >> reporter: now, just before thanksgiving the administration finally laid out what is called essential benefits which insurance companies need to structure and price their health care plans. but the administration is pressing its luck, because insurance companies usually need much more time than they have now. >> well, it typically takes anywhere from a year to a year and a half for an insurance company to develop new policies, get them approved by regulators and develop all the materials needed to sell them to consumers. >> reporter: requirements of the law still have not been completed. businesses of a certain size, for instance, have to have what is called adequate coverage in order to
at the numbers in the economic realm. drought fueled by uncertainty over the approaching fiscal cliff and tax increases. the jobs report shows the number of people filing for an employment fell to 410,000. the labor department says those numbers are still skewed because of superstorm sandy. the four-week average was a less volatile measure rose to 10,000. and hostess heads to bankruptcy court unable to reach an agreement with the bakers union. last week the company closed its plans after 42 years. some 18,000 plus people will likely lose their jobs. word of the impending liquidation caused a run on hostess products. another union action that could affect you is planned black friday protests. wal-mart filed a complaint with the national relations boards and picketers are mostly union representatives who are trying to force changes in pressure workers and get unionization where they have failed thus far. the liberal group has sent out hundreds of e-mails encouraging people who have nothing to do with wal-mart stage a protest outside the stores. you know, stores across the country. but the labor
Search Results 0 to 4 of about 5